> Passes the 90-day test: runs and grows without the owner
> Decisions owned by the team, not waiting on sign-off
> Client and vendor relationships owned by the company, not the owner personally
Why buyers care: A company that cannot run without its owner is priced as a job, not an asset. Nothing moves your multiple more.
> A capable team runs the day to day
> Bench strength: losing a top manager doesn’t derail the company
> Right people, right seats: everyone clear on who owns what
Why buyers care: Buyers aren’t just buying revenue. They’re buying the people who will still be there after you leave. A real team means continuity. No team means a cliff.
> Clean, current, buyer-ready books (review- or audit-ready)
> Personal and business fully separated and documented
> Steady, forecastable margins and cash flow
Why buyers care: Diligence is where deals die. Messy books don’t just lower your price. They make sophisticated buyers walk. Clean numbers are the ticket to the table.
> No single customer accounts for more than 25% of revenue
> Most revenue recurring or under contract
> A sales engine that doesn’t depend on the owner
Why buyers care: A dollar of predictable, diversified revenue is worth several dollars of lumpy, concentrated revenue. Buyers pay for revenue they can count on after you’re gone.
> Know-how lives in systems and processes, not in heads
> A new owner could learn to run it from the documentation
> Consistent quality: roles are trainable, not tribal
Why buyers care: Knowledge that lives in heads does not transfer in a sale. What is written down and actually used is what a buyer is really purchasing.
> A clear growth story a buyer can step into
> The team is already executing the plan
> A clear, validated exit number and timeline
Why buyers care: Buyers pay for the future, not the past. A credible growth story they can step into raises the price. No story means they only pay for what exists today.
Not all pillars pull equally. Owner dependency is the first thing every buyer tests and the discount they apply most brutally. If you only have energy for one pillar this year, it’s that one.
The 60-hour weeks don't slow down. Sleep, health, marriage, patience — you pay the price.
A buyer sees a company that only works with you. That's not an asset — it's risk. It sells for less.
Your best people leave because they can never grow. It costs 1.5× their salary to replace them.
The business only grows as fast as you can manage. And you're already maxed out.

Atlanta, GA
